This Silver Company’s Stock Price Went up 2.7x in 5 months! Learn how they did it!

Published on: Nov 23, 2020
Author: Editor

Golden Tag Resources Ltd. (TSXV:GOG) is a junior exploration company exploring for high-grade silver deposits. The Company holds a 100% interest, subject to a 2% NSR, in the San Diego property in Durango State, Mexico. The San Diego property is located within the prolific Velardeña Mining District, the site of several mines having produced silver, zinc, lead, and gold over the past century. The Project currently hosts over 230 million AgEq ounces of Indicated + Inferred NI 43-101 compliant resources. The company also believes that there is an additional 20 to 50 million tonnes of potential addition grading 100 to 150 g/tAg Eq (65 to 240 million ounces). Golden Tag has no debt and cash balances of approximately $9 million.

Investment Highlights

  • Golden Tag’s San Diego property is located within the prolific Velardeña Mining District in Durango State, Mexico.
  • Among the largest undeveloped silver deposits in Mexico with over 115 million ounces of silver, 1.5 billion pounds of zinc in resources.
  • One of the most undervalued assets in the market on an EV/oz basis
  • New management on board at the helm.
  • Several exploration targets ready to be tested that could expand the deposit materially in several key areas.
  • Well financed with approximately $9 million in cash balance.
  • Exploration program underway with expected news flow in Q1 of 2021.

Recent Press Release

November 5, 2020 Golden Tag Receives Approval to trade on the OTCQB Market

October 15, 2020 Golden Tag Initiates Exploration Program to Unlock Value on 100% Owned San Diego Project

October 9, 2020 Golden Tag Initiates Actions for Uplifting to OTCQB Market

August 31, 2020 Golden Tag Announces Filing of Second Quarter Financial Statements and Issuance of Stock Options

August 14, 2020 Golden Tag Completes $7.0 Million Oversubscribed Non-Brokered Private Placement Led by Eric Sprott and Announces Director Appointment

Replay the Presentation at the GCFF Conference on Oct 7, 2020

In-Depth Analysis Mining Silver